Because we do it this way, we can sell the properties for a little over market value, we don’t have to pay realtor fees, we don’t have to pay concessions, and the tenant pays down our mortgage for a few years which increases the margin, and then we cash out.

If they do not qualify based on how they apply I will discuss if they want to make any adjustments like adding someone as a tenant to increase income to qualify.

Due to their level of combined income and no past issues with rent payments, I made an exception on the credit and increased the deposit.

It'll increase your credibility in their eyes. 

In this case it should be indicated that market is increasing and justify the price.

Funny enough I've seen his deals then come through here on the BP marketplace for another 10 - 15k increase from another individual #breakwholesalechain  How do other rehabbers overcome this? 

Doing this would increase my monthly cash flow approximately $165/mo.

If you consider that tenants are often in 1 year leases, it is often the case that rents cannot be increased as quickly as the appreciation.

Oh, the agent mentioned that they took over management of the park back in Aug and am actively increasing occupancy.

(Located about 45 mins outside the GTA)1st Condo  = $120,000 CAD         2nd Condo  = $130,000 CADRent paid =  1000                           1000Expenses Condo Fees =    290                        290Property Tax=   100                        109Mortgage =        540                        590 Total =                930                        990This is a basic cash flow for the 2 properties I put together quickly and I believe rent could be increased as basement apartments in the area go for 850-1100 and condo's go for around 1100-1400.